Sales Analysis.
Bancolombia SA reported sales of 21.84 trillion Colombian Pesos (US$7.01 billion)
for the
year ending
December of 2017.
This
represents
an
increase of 7.3%
versus 2016, when the company's sales were 20.35 trillion Colombian Pesos.
Sales at Bancolombia SA have increased during each of the previous five years
(and since 2012, sales have increased a total of 111%).
Sales of Banking Colombia saw an increase
of
12.1% in 2017, from
11.59 trillion Colombian Pesos to 12.98 trillion Colombian Pesos.
Not all segments of Bancolombia SA experienced an increase in sales in 2017:
sales of All Other Segments fell 66.3% to 10.20 billion Colombian Pesos.
(However, this segment's sales were only a very small portion of the company's overall sales).
Bancolombia SA also experienced decreases in sales in
Banking Ei Salavador (down 2.1% to 882.81 billion Colombian Pesos)
and
Banking Guatemala (down 0.5% to 865.04 billion Colombian Pesos)
and
Brokerage (down 48.0% to 8.92 billion Colombian Pesos)
and
Trust (down 4.0% to 794.00 million Colombian Pesos)
and
Investment Banking (down 30.9% to 94.00 million Colombian Pesos)
.